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  • FOMC minutes: Fed more confident that the downturn is ending - but the board was uncertain over the pace of a recovery that is vulnerable to shocks or reversal. Expects inflation to be subdued, and slowed its debt purchases to promote smooth market transition.  [View news story]
    "slowed its debt purchases to promote market transition"?

    No, it slowed its debt purchases because they were no longer NEEDED now that there are finally other bidders!
    Sep 02 14:21 pm |Rating: +2 -1
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